Business · Companies · 1 hr ago

NongHyup offers 50 billion won in interest-free aid to cattle farms

NongHyup offers 50 billion won in interest-free aid to cattle farms

NongHyup will provide 50 billion won in interest-free aid to livestock farms in South Korea affected by lumpy skin disease.

The funds are intended to help pay for disinfection, urgent disease control, recovery and prevention.

The disease has reached 303 cases nationwide, the highest total since 2023, as of November 9.

It is a viral illness in cattle that spreads through blood-feeding insects such as mosquitoes.

This year’s first case was recorded in Sunchang on July 16, and the disease has since spread to several provinces.

NongHyup has operated an emergency response room since July and is supporting vaccination and pest-control work.

The funding is meant to help farms recover and limit further spread, while those response efforts continue.

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What people are saying

Kang Ho-dongNongHyup chairman
I hope this funding will help livestock farms struggling with lumpy skin disease quickly restore normal operations.
via Yonhap
We will do our utmost to prevent the spread of lumpy skin disease and bring it to an early end.
via Yonhap